When Roesdien Hendricks warns that his community in the heart of Johannesburg is about to explode because of illegal gold miners who scare away the police, strip power cables and divert water supplies, he is not exaggerating. As “Zama-zamas” blow up a historic gold reef that was at the core of nearly 140 years of … Read More “‘Everything is being stripped and stolen’: South Africa’s run-down city of gold” »
Category: Economics
Receive free South Africa updates We’ll send you a myFT Daily Digest email rounding up the latest South Africa news every morning. More than $15bn worth of exports that sustain a critical part of South Africa’s manufacturing industry is on the line as Pretoria battles the fallout from a US accusation that it covertly supplied … Read More “South Africa’s flirtation with Moscow risks billions of dollars in US exports” »
Two of Europe’s biggest energy companies are stepping up efforts to open a potentially giant oilfield off the coast of Namibia in one of the clearest signs the industry is pursuing new fossil fuel resources. UK-based Shell, which has drilled four exploration wells in the Atlantic Ocean off Namibia’s southern coast since 2021, received approval … Read More “Could Namibia be the next oil frontier?” »
Minuscule traces of uranium have been found in the outer shells of turtles and tortoises, providing a new way of tracking radioactive contamination over time. Turtles and tortoises have been found to store decades-long records of exposure to radioactive contamination on their backs. A team of scientists at the Pacific Northwest National Laboratory used a … Read More “Turtle shells hold clues on nuclear contamination, researchers find” »
Mastercard has collaborated with the Zanzibar e-Government Agency (eGAZ) to support and accelerate its ambitious digital transformation journey. This will allow different sectors across the Zanzibar islands, including tourism, to digitize payments which will significantly contribute to robust economic growth. The signing of the Memorandum of Understanding took place at the launch of the Zanzibar Digital … Read More “Mastercard and Zanzibar e-Government Agency partner to accelerate digital transformation across the islands” »
Vivo Smartphone, a global leading technology company with 20% of the smartphone market share in China (ranked first), has recently introduced its stunning new model, vivo Y36, onto the South African market – and it’s a cracker. The new phone is set to turn some heads with an eye-catching design, a camera system that redefines … Read More “Vivo’s Eye-Catching New Y36: Not Just a Pretty Face – IT News Africa” »
The competition regulator in Kenya has given Moniepoint Inc. the green light to acquire Kopo Kopo, a Kenya-based company offering payments services and credit to businesses. Following the approval by Competition Authority of Kenya (CA), Moniepoint (formerly TeamApt) will expand its services to Kenya continuing its growth plans across the continent. Moniepoint Inc, which runs … Read More “Moniepoint cleared to acquire Kenyan fintech Kopo Kopo” »
Credit: CC0 Public Domain North Carolina State University researchers found in a new study that while many tourists visiting a mountain destination in southern Mexico wouldn’t change their near-term plans to visit due to climate change, more than two-thirds said they would or might change their plans by 2060 under more drastically changed conditions. In … Read More “Tourists’ long-term plans more uncertain under climate change” »
AHB-137 is cleared for initiation of a clinical trial in CHB patients in the US AHB-137 is an unconjugated antisense oligonucleotide (ASO) aimed for functional cure of CHB SAN FRANCISCO, Aug. 25, 2023 /PRNewswire/ — AusperBio Therapeutics, Inc. and Ausper Biopharma Co., Ltd. (Together AusperBio), a clinical-stage biotech company committed to advancing … Read More “AusperBio Announces FDA Clearance of IND Application of AHB-137 in Chronic Hepatitis B Treatment” »
India has become the first country in history to land a spacecraft near the Moon’s south pole in a major boost for the country’s space sector. India is the fourth nation to successfully land a spacecraft on the Moon after its $75m (£59m) Chandrayaan-3 spacecraft touched ground in a previously unexplored region of the natural … Read More “India celebrates Chandrayaan-3 ‘historic’ Moon landing” »